People across the world are disadvantaged by restrictions on access to core financial services. Today, we are excited to announce our partnership with @Pendle_fi to make critical services, like yield, available to everyone, everywhere.

Plasma will be the home for USD₮ and other stablecoins, and Pendle is the category leader in yield tokenization. Pendle will serve as foundational infrastructure for the evolving Plasma ecosystem. Applications, stablecoin issuers, RWA issuers, and vault providers will be able to leverage Pendle for a wide range of yield strategies.

Pendle forms the capital markets layer of Plasma, enabling institutions and individuals to have permissionless access to the many opportunities that will exist on the chain.

This partnership strengthens Plasma’s stablecoin ecosystem. Pendle will form a core pillar of Plasma's DeFi ecosystem as we approach mainnet beta. Trillions.